Quotes by Marc Faber

About Marc Faber:

Marc Faber is a Swiss investor based in Thailand. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd which acts as an investment advisor and fund manager. Faber also serves as director, advisor and shareholder of a number of investment funds that focus on emerging and frontier markets, including Leopard Capital’s Leopard Cambodia Fund and Asia Frontier Capital Ltd.'s AFC Asia Frontier Fund.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

I do know some of the world's richest people. In monetary terms, they all performed very well. In terms of a fulfilling life, I am less sure.

Marc Faber

I don't think Canada is very inexpensive anymore. I travel there all the time; it's rather on the expensive side. I think there's significant risk to the Canadian economy.

Marc Faber

If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

Marc Faber

Credit expansion and money printing hasn't filtered much to ordinary people. It's boosted asset markets, real estate and stocks. So well-to-do-people have done very well.

Marc Faber

My worst investment decision so far is to lend money to friends. So far, it has all come to zero.

Marc Faber

I have argued again and again that investors should hold some assets in precious metals as an alternative to cash. One of the functions of paper money is to be a store of value. But... with practically zero interest rates and cost of living increases...

Marc Faber

I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will a...

Marc Faber

Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed.

Marc Faber

The entire political elite has mismanaged the Indian economy for the last 50 years. You cannot solve a crisis that is borne as a symptom of mismanagement in just five minutes or in a week. It will involve significant sacrifices and pain, and I doubt ...

Marc Faber

Author Bio

  • NameMarc Faber
  • DescriptionSwiss businessman
  • BornFebruary 28, 1946
  • CountrySwitzerland
  • ProfessionEconomist; Author